David Colo - MGP Ingredients Independent Director

M1I Stock  EUR 27.20  2.40  8.11%   

Director

Mr. David J. Colo is an Independent Director of the Company since 2015.
Age 60
Tenure 10 years
Phone913 367 1480
Webhttps://www.mgpingredients.com
Colo has served as President, Chief Executive Officer and a director of SunOpta, Inc. since February 2017. He served as Executive Vice President and Chief Operating Officer of Diamond Foods, Inc. from 2013 until March 2016. He joined Diamond Foods in 2012 as Executive Vice President of Global Operations and Supply Chain. For the three years prior to joining Diamond Foods, Mr. Colo served as an independent industry consultant focusing on organizational optimization and planning. From 2003 to 2005, he served as President of ConAgra Food Ingredients. Before his employment at ConAgra Foods, Mr. Colo spent several years with NestlePurina Pet Care Company in roles of increasing responsibility, including Vice President of Supply for the company’s Golden Products Division, and Vice President of Store Brands and Venture Development. He also served two years as President of the American Dehydrated Onion and Garlic Association.

MGP Ingredients Management Efficiency

The company has return on total asset (ROA) of 0.0847 % which means that it generated a profit of $0.0847 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1567 %, meaning that it generated $0.1567 on every $100 dollars invested by stockholders. MGP Ingredients' management efficiency ratios could be used to measure how well MGP Ingredients manages its routine affairs as well as how well it operates its assets and liabilities.
MGP Ingredients has accumulated 224.74 M in total debt with debt to equity ratio (D/E) of 24.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. MGP Ingredients has a current ratio of 5.15, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist MGP Ingredients until it has trouble settling it off, either with new capital or with free cash flow. So, MGP Ingredients' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like MGP Ingredients sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for MGP to invest in growth at high rates of return. When we think about MGP Ingredients' use of debt, we should always consider it together with cash and equity.

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MGP Ingredients, Inc., together with its subsidiaries, produces and supplies distilled spirits, and specialty wheat proteins and starch food ingredients. MGP Ingredients, Inc. was founded in 1941 and is headquartered in Atchison, Kansas. MGP Ingredients operates under Packaged Foods classification in Germany and is traded on Frankfurt Stock Exchange. It employs 332 people. MGP Ingredients (M1I) is traded on Frankfurt Exchange in Germany and employs 690 people.

Management Performance

MGP Ingredients Leadership Team

Elected by the shareholders, the MGP Ingredients' board of directors comprises two types of representatives: MGP Ingredients inside directors who are chosen from within the company, and outside directors, selected externally and held independent of MGP. The board's role is to monitor MGP Ingredients' management team and ensure that shareholders' interests are well served. MGP Ingredients' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, MGP Ingredients' outside directors are responsible for providing unbiased perspectives on the board's policies.
Fletcher Buchman, VP Marketing
Brandon Gall, CFO, Vice President
David Bratcher, COO Spirits
Amel Pasagic, VP Officer
Greg Manis, Co Communications
Erika Lapish, VP HR
David Colo, Independent Director
Curtis Landherr, Chief Officer
Clodualdo Maningat, Chief RD
Mark Davidson, Corporate Controller

MGP Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is MGP Ingredients a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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Additional Information and Resources on Investing in MGP Stock

When determining whether MGP Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of MGP Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mgp Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mgp Ingredients Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in MGP Ingredients. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in MGP Stock please use our How to Invest in MGP Ingredients guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Please note, there is a significant difference between MGP Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if MGP Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, MGP Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.